Examples of Total Purchase Price in a sentence
All costs and expenses incurred by the Contractor whether or not purportedly in discharge of its obligations under the Contract shall be deemed as costs and expenses incurred for performing the Work, and be compensated for in the form of the Total Purchase Price.
For the avoidance of doubt, the Total Purchase Price constitutes the sole remuneration and expenses payable to the Contractor by the Government under the Contract whether in respect of the Work, the Vessel, the Equipment, the Deliverables, and any other service or thing to be performed or supplied by the Contractor.
The Retention Money in respect of all instalments of the Total Purchase Price shall only be payable in accordance with the provisions specified in Schedule 3.
The Contractor shall not be entitled to any increase in the Total Purchase Price by reason of foreign exchange fluctuations.
An amount equivalent to 2% of the Total Purchase Price as security for the due and faithful performance and observance of its obligations under the Contract (“Contract Deposit”), to be payable either in cash or in the form of a bank guarantee issued by a bank with a valid banking licence under the Banking Ordinance, Cap.